Dialog Semiconductor Q1 Profit Surges, Revenue Up 47%

Dialog Semiconductor Plc. (DLGNF.PK,DLGS) Wednesday reported a 92 percent increase in first quarter net profit to $26.1 million, compared to last year's profit of $13.6 million last year. On a per-share basis, earnings were $0.36, up from $0.19 a year ago.

Revenue for the quarter was $366 million, up 47 percent from the previous revenue of $249 million. The company noted that excluding the contribution of Adesto, revenue was 37 percent above last year's first quarter.

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